Proposed Strategic Restructuring And Demerger Of The Investment Management Business Of CapitaLand Limited

BackMar 22, 2021
Announcement Title General Announcement
Date & Time of Broadcast Mar 22, 2021 11:27
Status New
Announcement Sub Title CL : Proposed Strategic Restructuring and Demerger of the Investment Management Business
Announcement Reference SG210322OTHRTPFR
Submitted By (Co./ Ind. Name) Mary Judith de Souza
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) CapitaLand Limited ("CL"), the holding company of Ascendas Property Fund Trustee Pte. Ltd. (the trustee-manager of Ascendas India Trust) has today issued an announcement on the above matter. Please refer to the following attachments:-

(a) Announcement : Proposed Strategic Restructuring and Demerger of the Investment Management Business of CL;
(b) News Release : CapitaLand proposes restructuring to sharpen business focus and unlock shareholder value; and
(c) Investor Presentation: Strategic Restructuring of CapitaLand Limited and Listing of CapitaLand Investment Management.

Attachments

  1. Joint Announcement (Size: 453,268 bytes)
  2. Press Release (Size: 149,236 bytes)
  3. Presentation (Size: 4,069,009 bytes)